Tuesday, May 10, 2011

Domestic NR price above the international price

According to the experts, the recent fall of rubber prices in the international markets are expected to pick up at least by the end of May. The reason for the dip in prices has been the falling rubber prices in the global market, especially those supplied by Thailand.

Today, price of natural rubber (RSS-4 grade) in the domestic market closed at Rs 232 a kg compared to yesterdays Rs. 230 a kg. As the global market had shown signs of correction, RSS3 grade price at Bangkok closed at 228.75 a kg.

Read lot more in Rubber4U – 15th May 2011 issue

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